On 4/2/24, CVD Equipment Corp (NASDAQ: CVV) stock enjoyed a major increase of 18.7%, closing at $5.84. Moreover, trading volume in this advance was exceptionally high at 851% of normal. Relative to the market the stock has been extremely weak over the last nine months but has risen 19.9% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be below the cost of capital, CVV is expected to be a modest Value Eraser.
CVD Equipment has a current Value Trend Rating of F (Lowest Rating). The Value Trend Rating reflects highly consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. CVD Equipment has a poor Power Rating of 21 and a poor Appreciation Score of 19, triggering the Lowest Value Trend Rating.
Rating Review
In light of this very positive price change we are reviewing our current Overall Rating of F. This review will be completed in the next several days.
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